"The Theory of Economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions. However,if economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid." John Maynard Keynes
Introduction
To my respected IB candidates,
Welcome to IB economics and your quest for academic excellence and critical thinking. It’s normal for this class to be both enjoyable and rigorous. The theories of Keynes, Marx, Smith and Friedman have unified, divided and changed not only the world but how people think. Indeed, many argue that economists have been the unrecognised "drivers" of history.
For the IB student, economics is not about memorising tables or lines of text, it is a way of thinking analytically about many issues that affect you personally, your family, your country and the world. If you work on the material on this website and engage with the topics in class, your thought process will gradually begin change and you will find yourself thinking deeply and analytically about issues from the price of a Pokemon toy to the rise of Hitler or conflict in the Middle East.
This page aims to serve as a complete online resource for my IB Economics students and to help them become economists. Within the calendar below, there are hyperlinks to resources and videos for each unit. There is also a page linked at the bottom I have for exam preparation. This will be updated as the course progresses, so please keep returning for updates.
Also included are very important revision booklets for exam preparation and essential guidance for the Internal assessment section of the course. Ideally, these pages will provide all students with the resources necessary for success in IB Economics. I have also included lots of extra documentaries and information for students who want to explore these topics further in their free time.
Also please check out and subscribe to my youtube channel!!! It includes lots of revision videos (I have included one below). I hope they help with your studies!!!
Mr. Davidson
P.S Scroll to the very bottom for my GCSE and MYP History notes.
Pajholden Quite frankly, this man is a legend in the field of IB Economics. His videos are excellent and cover everything you need to know in a user friendly way. Highly recommended
mjmfoodie A new collection of cute and very informative videos specifically designed for the IB course. Highly recommended
ACDC ECON Mr. Clifford has released some excellent videos for the AP course using famous movies. Very useful. Highly recommended
MCUniversityHere is a new series of videos covering all the main topics covered in class. Great Graphics and examples. Highly recommended
Welker: This guy wrote your textbooks also has a range of excellent videos that cover all the main topics we cover in class. Here is his official website: video lessons from EconClassroom.com
Paul Solman Videos I will use many of these in class as they are excellent for explaining the key economic concepts in an accessible manner.
Misc. Videos I will be using clips from these videos in class. If you would like to watch more or review the ones we watched in class, please follow the link. There are also a number of excellent revision videos at the bottom of the list.
The Great Economists Here are some of my personal favorite documentaries and programs on economic theorists and how they shaped the world we live in.
Crash Course The famous Crash Course youtube series has added a course about economics.
Blink and Dorton The full electronic version of the coursebook for IB Economics can be found sby crolling down the right hand side of this page.
Gliffy An amazing site for creating your own graphs
Important IB Resources I have compiled a number of resources that I think are essential to success in IB Economics. Please use these when studying for tests and the final exam.
Useful Links Here are a collection of useful websites for studying the topics we cover in class. Using a number of different sources when revising helps both recall and understanding.
Wikibook (new) REVISION CHECKLIST Make sure you can answer all these questions before the examThis set of three revision books cover everything you need for IB Economics. REVISION GUIDES Here are a collection of essential revision guides. Use these for your IAs and revision for exams. Welker's Quizzes A set of quizzes for each chapter in your textbook. 11 O'Clock Revision Guide A set of excellent last minute notes for many different aspects of the course. Use for cramming before the exam. **IMPORTANT Revision Guide**(New) Organised by topic in order of the curriculum. This is a go to guide for your studies. Use it!!!
"The Theory of Economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions. However,if economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid."
John Maynard Keynes
Introduction
To my respected IB candidates,
Welcome to IB economics and your quest for academic excellence and critical thinking. It’s normal for this class to be both enjoyable and rigorous. The theories of Keynes, Marx, Smith and Friedman have unified, divided and changed not only the world but how people think. Indeed, many argue that economists have been the unrecognised "drivers" of history.
For the IB student, economics is not about memorising tables or lines of text, it is a way of thinking analytically about many issues that affect you personally, your family, your country and the world. If you work on the material on this website and engage with the topics in class, your thought process will gradually begin change and you will find yourself thinking deeply and analytically about issues from the price of a Pokemon toy to the rise of Hitler or conflict in the Middle East.
This page aims to serve as a complete online resource for my IB Economics students and to help them become economists. Within the calendar below, there are hyperlinks to resources and videos for each unit. There is also a page linked at the bottom I have for exam preparation. This will be updated as the course progresses, so please keep returning for updates.
Also included are very important revision booklets for exam preparation and essential guidance for the Internal assessment section of the course. Ideally, these pages will provide all students with the resources necessary for success in IB Economics. I have also included lots of extra documentaries and information for students who want to explore these topics further in their free time.
Also please check out and subscribe to my youtube channel!!! It includes lots of revision videos (I have included one below). I hope they help with your studies!!!
Mr. Davidson
P.S Scroll to the very bottom for my GCSE and MYP History notes.
RECENT UPDATES
**Course** **PowerPoints**
New Powerpoints
EXAM REVISION (Links to examplars and past papers)
ESSENTIAL REVISION GUIDES (All available revision texts and workbooks)
GLOSSARY OF ALL KEY TERMS:
Course Specific Economics Videos
Khan academy has produced some great videos on Microeconomics, Macroeconomics, and current issues in Econ Highly recommended
Pajholden Quite frankly, this man is a legend in the field of IB Economics. His videos are excellent and cover everything you need to know in a user friendly way. Highly recommended
mjmfoodie A new collection of cute and very informative videos specifically designed for the IB course. Highly recommended
ACDC ECON Mr. Clifford has released some excellent videos for the AP course using famous movies. Very useful. Highly recommended
MCUniversity Here is a new series of videos covering all the main topics covered in class. Great Graphics and examples.Highly recommended
Welker: This guy wrote your textbooks also has a range of excellent videos that cover all the main topics we cover in class. Here is his official website: video lessons from EconClassroom.com
Paul Solman Videos I will use many of these in class as they are excellent for explaining the key economic concepts in an accessible manner.
Misc. Videos I will be using clips from these videos in class. If you would like to watch more or review the ones we watched in class, please follow the link. There are also a number of excellent revision videos at the bottom of the list.
The Great Economists Here are some of my personal favorite documentaries and programs on economic theorists and how they shaped the world we live in.
Crash Course The famous Crash Course youtube series has added a course about economics.Online Materials
Useful Blog with lots of Past Papers and advice:http://blogs.4j.lane.edu/yamada/econ/
Every IB Econ Past Paper with Markschemes
Economics Help Great site for explaining many economic concepts. Great for IA ideas too.
Economics online A really good and user friendly website with lots of user friendly graphs and concepts broken down.
ReffonomicsGreat site for reviewing essential graphs.
Welkers Graphs Similarly, here is a collection of graphs useful in the exam.
Blink and Dorton The full electronic version of the coursebook for IB Economics can be found sby crolling down the right hand side of this page.
Gliffy An amazing site for creating your own graphsImportant IB Resources I have compiled a number of resources that I think are essential to success in IB Economics. Please use these when studying for tests and the final exam.
Useful Links Here are a collection of useful websites for studying the topics we cover in class. Using a number of different sources when revising helps both recall and understanding.
I Tunes Study Guide Some good information, covering each topic we cover.
Extended Essay: Here you will find lots of information about the Extended EssayEssential Revision Guides
Wikibook (new)REVISION CHECKLIST Make sure you can answer all these questions before the examThis set of three revision books cover everything you need for IB Economics.
REVISION GUIDES Here are a collection of essential revision guides. Use these for your IAs and revision for exams.
Welker's Quizzes A set of quizzes for each chapter in your textbook.
11 O'Clock Revision Guide A set of excellent last minute notes for many different aspects of the course. Use for cramming before the exam.
**IMPORTANT Revision Guide** (New) Organised by topic in order of the curriculum. This is a go to guide for your studies. Use it!!!
Extended Essay Guide
Click here for advice on the Extended essay in Economics
IA Guide
Everything you need for success in the Internal Assessment.Syllabus
IB Economics Syllabus
History Powerpoints
Click on the above link to find some useful notes for the 10th grade History course.1.1 Competitive markets: Demand and supply